Crystal Palace Go Into Administration

Crystal Palace FC has gone into administration and will suffer an immediate 10 point penalty. 

P & A Partnership have been appointed as administrator to rescue the club by reconstructing the clubs finances and seeking new a new owner which they are confident of locating and claim there are many interested buyers.

The point deduction will take Palace from 9th in the Championship to just above the relegation zone which may be better than Southampton fared recently, but will be worrying for Palace's fans as the entire squad is basically available for transfer until the window shuts as the administrators will have no choice but to consider all reasonable offers in their reconstruction efforts.  Victor Moses is on a number of clubs shopping lists, and may now leave.